Forbes outlines the top 10 Richest Tycoons in MALAYSIA 2017 and their Net Worth

  1. Lee Shin Cheng

Net worth as at 25/09/17: $5 Billion

Lee Shin Cheng’s IOI Corp. is the world leader in oleochemicals and one of the largest palm-oil-plantation companies in Malaysia. Elder son, Yeow Chor, is chief executive while younger son, Yeow Seng, leads the group’s property arm, IOI Properties, which has a large footprint in China.¬†Other children, all daughters, also work for his companies. Lee grew up on a rubber plantation where his father ran a Chinese food shop. At age 11 he left school in order to support his family and sold ice cream on a bicycle for 4 years before returning to finish high school.

see also the richest politician in Singapore 2017

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